Petro Daily Newsletter

Headline Scan Thursday -- October 11, 2012 Single price for LPG, new norms on subsidy soon US : Oil Industry Sues to Block Rule on Payments Abroad Crude oil oscillates wildly on political tensions US biodiesel use mired in controversy Cargill biodiesel joint venture, Paseo Biofuels, begins expansion Here's Why China Might Not Buy LNG From America Gazprom to sell more LNG to South Korea's KOGAS OPEC: The Future of Oil is Uncertain Mumbai petrol pumps to run one shift from Monday Tide turns in favour of OMCs Petroleum Ministry seeks Rs 61,000 cr to offset oil firms' losses Make KYC available online: Ministry to oil companies GDP to rise by 6.5% if India is self-sufficient in oil: PwC Algae powerhouse of green energy Power Minister M Veerappa Moily wants priority in gas supply for plants Jaipal Reddy vows relief for flat residents Petroleum ministry disbelieves RIL's KG Basin gas reserves claims news Putin backs Russian push for Iraqi oil See Full Stories at: http://www.bharatpetroleum.inor, scroll down to read story highlights.   Single price for LPG, new norms on subsidy soon Having capped subsidised LPG cylinder to six, the government plans to move to a single price for domestic LPG by directly transferring subsidy to... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040336   US : Oil Industry Sues to Block Rule on Payments Abroad WASHINGTON—The oil industry sued to overturn a U.S. rule requiring companies to report their payments to foreign governments to develop oil and g... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040347   Crude oil oscillates wildly on political tensions Crude oil futures traded erratically in U.S. trade Wednesday as investors focused on escalating tensions between Syria and Turkey and the possibi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040353   US biodiesel use mired in controversy This year's drought in the US - said to be the worst for 50 years - has, according to Marie Brill, senior policy analyst with ActionAid, an inter... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040352   Cargill biodiesel joint venture, Paseo Biofuels, begins expansion Investors in Paseo Biofuels LLC, the Missouri Soybean Association and Cargill announced an expansion to the Paseo biodiesel plant in Kansas City,... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040351   Here's Why China Might Not Buy LNG From America News came out last week that a few major oil and gas players – ConocoPhillips, British Petroleum, Exxon Mobil, and pipeline operator TransCanada ... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040350   Gazprom to sell more LNG to South Korea's KOGAS MOSCOW, Gazprom said on Tuesday it has signed an agreement to sell liquefied natural gas (LNG) to Korea Gas Corporation (KOGAS), as it strengthen... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040349   OPEC: The Future of Oil is Uncertain The Organization of the Petroleum Exporting Countries has released its October 2012 Oil Market Report. The report reads: "The world economy still... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040348   Mumbai petrol pumps to run one shift from Monday MUMBAI: Petrol pumps in the Mumbai metropolitan region will operate a single shift, from 9am to 5pm, from Monday. This means you may not get petr... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040337   Tide turns in favour of OMCs Mumbai, The recent rebound in the Rupee versus the Dollar coupled with benign crude oil prices has put oil marketing companies (OMCs) namely Indi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040338   Petroleum Ministry seeks Rs 61,000 cr to offset oil firms' losses NEW DELHI, The Petroleum Ministry has sought close to Rs 61,000 crore from the Finance Ministry to offset the losses incurred by public sector oi... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040339   Make KYC available online: Ministry to oil companies PATNA: State food and consumer protection minister Shyam Rajak, at a meeting on Wednesday, directed the representatives of Indian Oil Corporation... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040340   GDP to rise by 6.5% if India is self-sufficient in oil: PwC New Delhi: India's GDP is likely to rise by 6.5 per cent if the country is self sufficient in crude oil production, PwC India today said in a rep... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040341   Algae powerhouse of green energy ALLAHABAD: Algae are minute power and resource factories and there is a need for more in depth and focused research towards exploration and explo... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040342   Power Minister M Veerappa Moily wants priority in gas supply for plants NEW DELHI: Power Ministry has sought priority status from the Oil Ministry for electricity generation plants and the fertiliser units at the time... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040343   Jaipal Reddy vows relief for flat residents Kochi, Petroleum minister Jaipal Reddy said in New Delhi on Tuesday that the ministry would soon find a solution to the restriction on subsidized... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040344   Petroleum ministry disbelieves RIL's KG Basin gas reserves claims news The ministry of petroleum and natural gas yesterday said it would not accept the argument of Reliance Industries (RIL) that the recoverable reser... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040345   Putin backs Russian push for Iraqi oil NOVO-OGARYOVO, Russia, President Vladimir Putin lobbied Iraq's prime minister on Wednesday to support Russian energy investment, as oil arm of ga... See the Full Story: http://www.bharatpetroleum.in/YourCorner/PetroDailyDetails.aspx?Pnewsid=P000040346   ------------------------------------------------------------------------------------------------------------------------------------------------------------------  || Top ||  ---- To unsubscribe please click here